Economy in New Salem, Massachusetts
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Economy
| Unemployment Rate | 9.30% | 9.10% |
| Recent Job Growth | 0.56% | -0.12% |
| Future Job Growth | 31.82% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 5.30% | 6.25% |
| Income per Cap. | $30,919 | $27,067 |
| Household Income | $65,555 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 6.31% | 12.10% |
| Income between 15K and 25K | 6.80% | 10.18% |
| Income between 25K and 35K | 6.07% | 10.56% |
| Income between 35K and 50K | 14.32% | 14.98% |
| Income between 50K and 75K | 26.46% | 19.53% |
| Income between 75K and 100K | 22.33% | 12.52% |
| Income between 100K and 150K | 12.38% | 12.14% |
| Income between 150K and 250K | 2.43% | 3.91% |
| Income between 250K and 500K | 2.67% | 3.34% |
| Income greater than 500K | 0.24% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 15.25% | 13.81% |
| Professional and Related Occupations | 31.53% | 22.68% |
| Service | 8.64% | 14.51% |
| Sales and Office | 20.17% | 25.22% |
| Farming, Fishing, and Forestry | 0.85% | 0.68% |
| Construction, Extraction, and Maintenance | 11.53% | 9.37% |
| Production, Transportation, and Material Moving | 18.31% | 15.86% |
The unemployment rate in New Salem, MA, is 9.30%, with job growth of 0.56%. Future job growth over the next ten years is predicted to be 31.82%.
New Salem, MA Taxes
New Salem, MA,sales tax rate is 5.00%. Income tax is 5.30%.
New Salem, MA Income and Salaries
The income per capita is $30,919, which includes all adults and children. The median household income is $65,555.
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